D.R. Horton beats annual revenue forecast estimates despite tepid home sales
Published on April 21, 2026.
D.R. Horton shares rose nearly 4% before the bell on Tuesday, beating annual revenue forecast estimates despite tepid home sales. The company now anticipates 2026 consolidated revenue in the range of $33.5 billion to $34.5bn, a decrease from its previous forecast of between between $35.5 and $36.9bn. This has led to increased costs for U.S. homebuilders due to inflation and President Donald Trump's tariffs on raw materials, leading them to offer incentives like mortgage rate buydowns and smaller, more affordable homes. However, this has resulted in decreased home sales and decreased profit margins.
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